The market is heating up! The housing market started off much stronger this year than it did in 2019. As we start off the year with continued low interest rates, low unemployment and rising rents on a national scale, we can expect healthy buyer demand to spur home prices to rise continually into the spring market.
The housing market started off much stronger this year than it did in 2019. Lower mortgage rates were the main contributor for that change, however inventory levels continue to decline. Sellers, this is a prime opportunity for you to sell for the greatest dollar value and the least amount of hassle. You may not want to wait until spring when inventory levels can be expected to increase. If you are considering selling between now and 18 months, you should check your current home value below – the current value may surprise you!